renBTC (RENBTC) Price Down 9.7% Over Last Week

renBTC (RENBTC) traded up 5.1% against the U.S. dollar during the 24 hour period ending at 22:00 PM ET on April 18th. renBTC has a market capitalization of $19.37 million and approximately $13,931.46 worth of renBTC was traded on exchanges in the last 24 hours. One renBTC token can now be bought for $63,627.38 or 1.04024861 BTC on major exchanges. Over the last seven days, renBTC has traded down 9.7% against the U.S. dollar.

Here is how other cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded up 2% against the dollar and now trades at $0.33 or 0.00000537 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 1.5% against the dollar and now trades at $0.0085 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

renBTC Profile

renBTC’s launch date was May 26th, 2020. renBTC’s total supply is 304 tokens. renBTC’s official website is renproject.io. renBTC’s official Twitter account is @renprotocol and its Facebook page is accessible here. renBTC’s official message board is medium.com/renproject. The Reddit community for renBTC is https://reddit.com/r/renproject and the currency’s Github account can be viewed here.

According to CryptoCompare, “RenVM implements universal interoperability using the tokenised representation model. However, it introduces several advances that aim to solve many of the technical and economic problems in existing models.

RenVM was created to replace the role of the trusted custodian with a decentralised custodian. This decentralised custodian is implemented using the RZL MPC algorithm, which can generate and manage ECDSA private keys without exposing them (not even to the machines that power RenVM). This improves on WBTC and imBTC by removing the need to trust a centralised custodian.

renBTC (RENBTC) is a one for one representation of BTC on Ethereum via RenVM.”

Buying and Selling renBTC

It is usually not possible to purchase alternative cryptocurrencies such as renBTC directly using U.S. dollars. Investors seeking to trade renBTC should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase renBTC using one of the exchanges listed above.

RENBTC/USD price chart by TradingView